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Which is worse for White Collar Workers:

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srpantalonas Donating Member (372 posts) Send PM | Profile | Ignore Thu Oct-16-03 03:59 PM
Original message
Poll question: Which is worse for White Collar Workers:
Offshoring is the practice of a US company outsourcing to another country, usually one with an asymetric economy like China or India. Insourcing is the practice of bringing in workers from another country and paying them substantially below market wages.

Which is affecting us more?
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ramapo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-03 07:20 PM
Response to Original message
1. Visa abuse helped create offshoring
H1B and L1 visas have been a problem for years. These were used as a method to bring thousands of workers (mostly IT) into the US to compete in the job market with citizens. The rational was that there was an inadequate number of qualified tech workers, which was true to an extent.

Over the past years, we have provided excellent experience to foreign workers. I know from personal experience, many are now returning home to work on projects exported by US companies.

We provided a home to thousands of foreign workers, encouraging the technical education of more. A global network was created of foreign workers, creating the perfect environment for the development of the offshore industry.

Now it's great that an economy can educate and employ it's citizens. It's something that should've been done for Americans. Instead we have done it for non-citizens.

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mhr Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-03 09:52 PM
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2. For The Votes Touting The Salvation of Replacement Markets
Read what a FED member had to say in money magazine.

"I suspect that a large part of these net job losses -- particularly in manufacturing, airlines and telecommunications -- are permanent and will not be reversed as the economy gains steam. Instead, new jobs will need to be created in other sectors of the economy to replace them," was the cautious conclusion of Fed Governor Susan Bies last week.

And this from a JP Morgan economist:

"It would take jobs growth of 200,000 to 300,000 a month for six months or more to make a dent in unemployment," said James Glassman, senior economist at J.P. Morgan.

You might want to reconsider your views as they are not consistent with key policy makers and managers.

http://money.cnn.com/2003/10/15/news/economy/unemployment_poll.reut/index.htm
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srpantalonas Donating Member (372 posts) Send PM | Profile | Ignore Tue Oct-21-03 04:30 PM
Response to Reply #2
3. Petition: Stop Offshoring
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